Lordstown Motors Corp (RIDE)

[bgagne]

I'm thinking this will bounce at 20. Just a guess.

[Golden Cross]

Looking for a bounce around $19 here...RIDE

[KarmaKing]

I did the same

[texastornado]

another awesome day! congrats to all who have believed in the $RIDE !

[Obrien1]

When do we anticipate the S-1 filed 11/12 to be approved so we can convert the warrants? In converting the warrants how long does it take to deliver the underlying? Two weeks i suppose? What happens 60 days after 10/23, A cashless exercise? We may have something. Need these questions answered.

[Cat dog]

RIDE BABY RIDE !!! Let’s get @ 30 RIDE BABY RIDE !!!!! Great EV stock looking for new highs.

[Munchy]

WKHS may pass up RIDE this week.
It's fun watching the race to $30.

[Cat dog]

Yes Ohio it’s the GM plant that they took over makes me think of Detroit lol.

[Cat dog]

Let’s RiDE to @30 Start your engines.Very Bullish positive uptrend.

[Rock_nj]

Lordstown Motors is based in Lordstown, Ohio, not Detroit.

[jsc52033]

like any investment vehical you need to know and understand the risks.
I like warrants because I usually get a better % gain than theshare, but of the options
can be tmely thya have the best % but they also have time decay which one must watch cloily
oftne if i options its a day trade.

[Cat dog]

Good Morning Lordstown motors. Very Bullish Settlement will in power a Great Investment to a EV established huge company from Detroit USA. This stock is way under valued and I believe we will be @40 Per Share. Have a Great Sunday.

[stock442]

It went from 9.40 to almost 13 in
Two days. All my stocks should be so good. My first time buying warrants. Seems a little dangerous to buy unless you really know what you’re doing. Think I’ll stick to normal shares for now on. Bought this not realizing it was a warrant. Thank god for investor hub and it’s members for the help I got.

[jsc52033]

most warrant buyers are short term traders. Get many shares and often a larger % of price increase than the underling shares.

[stock442]

Great, thank you! I never bought warrants before and didn’t realize that’s what it was until after I bought it.

[jsc52033]

they expire 3-4-24 which means a reasonable prodent holder will exercise prior to then.
exercise pice is $11.50 per warrant. You need to inform them you intend to exercise.
there is also a call provission if stock is over $18 for a certain period of time. They then give you if I remeber its 30 days to exercise. Some of these companies figured they will need extra funds before the
expiration date. IF so they call the warrrants to gain those funds.

[AlphaStatus]

What you need to know for Monday market open

[stock442]

Ok thank you
I’ll check it out

[Rock_nj]

On the filing. Do a Google search,

[stock442]

Great! Thank you for the information. Much appreciated.
How did you k ow it expires In 2024?

[Cat dog]

Have a great weekend next week @30

[Rock_nj]

They expire in 2024, so there's plenty of time to make money off the warrants. They convert at $11.50. What if RIDE is at $120 share by then? Then, you could buy RIDE shares for $11.50 using the warrants.

[stock442]

Note that 30 days after the October 23rd merger close would be the earliest exercise date if the S-1 (i.e. registration statement) were effective. However, we caution that the S-1 was only filed with the SEC on November 12th and is subject to their potential review and ultimate approval. As such, the date might be later than 30 days post-close.

If the S-1 isn’t effective by 60 business days after closing, then warrants holders can do cashless exercises until it becomes effective.

This is what I was told by someone at the company.
Any help is appreciated !

[Cat dog]

The holder of a warrant must exercise the warrant no later than the expiration date. If a warrant is allowed to expire, it becomes worthless, and it cannot be sold on a secondary market.

[stock442]

I was told that warrants expire and if not sold or converted become worthless. Is that true?

[Cat dog]

How many Models verse Nio ?

[KarmaKing]

I'm a newbie and bought RIDEW

[Rock_nj]

RIDEW is way undervalued.

[Rock_nj]

RIDE’s factory is a former GM plant in Lordstown, Ohio.

[KarmaKing]

Copy Thanks

[Renee]

The 'W' added to RIDE means Warrants to buy stock under the ticker RIDEW.

[KarmaKing]

What is RIDEW?

[WeTheMarket]

The following link has the answer to my question on Post #52 as to why they had so many open positions in Farmington Hills Michigan and Irvine California when their Megafactory is in Lordstown Ohio. They are opening a research and development center in Farmington Hills Michigan and plan to open a service center in Irvine California. Note that some of the positions at those two locations were posted months in advance (see link below), thus the open positions represented a window to the future plans of the company:
https://www.dbusiness.com/daily-news/lordstown-motors-opens-rd-facility-in-farmington-hills/

Open positions link:
https://recruiting.paylocity.com/Recruiting/Jobs/All/ddd48b68-5d30-4845-bd31-2cbbac035ac6/Lordstown-Motors-Corp

[texastornado]

New location opening! Excellent progress! $RIDE
https://www.dbusiness.com/daily-news/lordstown-motors-opens-rd-facility-in-farmington-hills/

[Cat dog]

Moving camp to @ 29 uptrend incoming

[Cat dog]

I know that. Well aware. RIDE should be what N!O is trading out. RIDE PURE USA made !!!!’n will be in 30s before we know it and higher.

[uksausage]

different products
different markets (geography, buyer, qty)
different solutions

only common thing is they produce people movers powered by batteries which you may or may not buy (NIO).

Invest in all no need to be flag waving for ony of them.

invest in charging systems (US) like BLNK in China seems to be part of the NIO offering!

[Cat dog]

I know they have GMs old factory in Detroit. EV company American Made. I see RIDE well over into THE @ 30s pushing on the @40 s door. We will rock. I believe RIDE should be over @40 also pushing on N!OS door.

[Rock_nj]

RIDE already has its own factory, which puts them ahead of many other EV companies. Also will start manufacturing mid next year, which is ahead of many EV companies.

[Cat dog]

Lordstown motors will pass N!O @45 Folks. Made in USA EV Detroit city can’t get better then that. RIDE over N!O. Good luck all share holders. Things are about to get interesting. Uptrend in effect from bell on.

[Rock_nj]

RIDEW is undervalued by several dollars based on the current price of RIDE.

[Cat dog]

Let’s all Ride to the future.Detroit city

[Cat dog]

Lordstown Motors’ market value reached $4.1 billion at Tuesday’s close note today we’re moving in the rite direction.

[ClayTrader]

* * $RIDE Video Chart 11-18-2020 * *

Link to Video - click here to watch the technical chart video

[Obrien1]

Pg105 of prospectus—description of warrant—Each whole Warrant entitles the registered holder to purchase one whole share of our Class A common stock at a price of $11.50 per share (or $10.00 per share in the case of the BGL Warrants), subject to adjustment as discussed below, at any time on or after November 22, 2020. Pursuant to the Warrant Agreement, a Warrant holder may exercise its Warrants only for a whole number of shares of Class A common stock. This means that only a whole Warrant may be exercised at any given time by a Warrant holder. The Warrants will expire on October 23, 2025, at 5:00 p.m., New York City time, (or October 23, 2023, at 5:00 p.m., New York City time, in the case of the BGL Warrants) or earlier upon redemption or liquidation.

[Cat dog]

Huge Buying Blocks now occurring RIDE

[Cat dog]

RIDe baby Ride welcome to Detroit !!!! Looking forward to invest with you and ride it up up up !!! Holding long !!!!!!

[Obrien1]

Ridew convertible at 11.50 30 days after 10/23 and once S-1 submitted last week is approved. Expecting to profit off the $5 difference between parity on Monday/Tuesday. Need the underlying to hold up for a few business days here and the warrants like jump

[maynerd]

$RIDE You're welcome...

[stock442]

Thank you
I’m chatting with them now
Much appreciated